All articles by Brian Cantwell

FLA: members see seventh consecutive year of growth

Figures released today by the Finance & Leasing Association (FLA) show that its members’ asset finance new business (primarily leasing and hire purchase) grew by 5% in 2017 – its seventh consecutive year of growth.

Quilam Capital makes mezzanine investment in UK SME lessor

Quilam Capital, which provides debt and equity to companies in the speciality finance sector, has made a multi-million pound investment in a UK asset finance lender.

80% of Leaseurope members anticipate a positive start to 2018

European leasing trade association Leaseurope and leasing consultancy Invigors have published the results of the Leaseurope/Invigors European Business Confidence Survey, conducted in December 2017.

Conister Bank acquires 40% of asset-based lender

Conister Bank has acquired a 40% stake in a sub-prime asset-based lender

City investment group’s bank will enter leasing market

Hitachi Capital Business Finance funds Iseki dealer stocking system

Compact tractor and grass mower manufacturer Iseki UK & Ireland has chosen Hitachi Capital to provide floor-plan services to its network of 60 dealers across the UK.

Ignition Credit funds £500k of survey equipment

Ignition Credit has funded surveying equipment worth £500k from manufacturer Opti-cal Survey Equipment and provided it to UK business Warner Surveys.

Aldermore signs £6m ABL deal for cardboard manufacturer

Aldermore has provided a £6m (£6.82m) asset-based lending facility for cardboard manufacturer John Hargreaves.

Fuji Xerox to shed 10,000 jobs by 2020 after merger

It is unclear whether the redundancies will hit the parent manufacturer’s captive leasing business.

AF-PA raised over £50k for charity in 2017

The Asset Finance Professionals Association (AF-PA) raised over £50,000 for charity last year.